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Jan 14, 2010
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-china relationship. at a time when we should be focused on reaffirming our commitment to the region, we left many doubting the depth and breadth of american power and influence. for example, in its 2009 defense white paper, the government of australia states, we also need to consider the circumstances of a more dramatic and in defense planning term, sudden deterioration in our strategic outlook. while currently unlikely a translation of mayor power relations in the u.s. pacific region, would have a profound effect on our strategic circumstances. of particular concern would be any diminution of the willingness or capacity of the united states to act as a stabilizing force. i hope each of you will give concrete examples of what we're doing to alleviate these doubts. finally, in just a few weeks a department of defense will submit its 2010 quadrennial defense review to congress. shortly afterward will receive the nuclear posture review. and the 2006 qdr the pentagon noted that china was at a strategic cross
-china relationship. at a time when we should be focused on reaffirming our commitment to the region, we left many doubting the depth and breadth of american power and influence. for example, in its 2009 defense white paper, the government of australia states, we also need to consider the circumstances of a more dramatic and in defense planning term, sudden deterioration in our strategic outlook. while currently unlikely a translation of mayor power relations in the u.s. pacific region, would...
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Jan 6, 2010
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consumption of china is one-third. so china alone cannot do the whole adjustment. consumption there is still too small even though it is growing very rapidly. so it does make a difference for the u.s. economy, but it cannot poll the u.s. and all -- pull the u.s. and these other countries out of recession. that's the way we see it. >> [question inaudible] >> one of which i think you could argue is a mixed blessing, which is the provision of debt capital into the economy. you know, over recent years. obviously the emerging markets have been the major buyers primarily of treasury paper, especially in the last year before that, also mortgage-backed securities. less obviously since the crisis. and that has kept interest rates down. now, as i say, that may have been a mixed blessing and may have contributed to the whole problem. but i think one of the final linkages sort of somewhat under appreciated is the support given by profitability abroad to u.s. corporations. and thus to the u.s. stock market, and thus to the u.s. economy more blaudly, i would argue. probably the
consumption of china is one-third. so china alone cannot do the whole adjustment. consumption there is still too small even though it is growing very rapidly. so it does make a difference for the u.s. economy, but it cannot poll the u.s. and all -- pull the u.s. and these other countries out of recession. that's the way we see it. >> [question inaudible] >> one of which i think you could argue is a mixed blessing, which is the provision of debt capital into the economy. you know,...
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Jan 30, 2010
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we have a vigorous dialogue with china. there are many positive steps that china has taken to implement those things. there are issues we continue to work out together, as we try to resolve some of these ambiguities around particular transactions or activity. we have seen a clear indication on china's behalf that they take this seriously and understand the importance of standing -- sending a vigorous signal to north korea about nuclear recession. we continue the dialogue. >> the gentleman to rose down. >> thank you very much. what is the u.s. reaction to the military incident between the north and south? you mentioned the recent agreement with russia. many in moscow feel that it will no longer be part of the u.s.- russia agenda, is that true? >> we continue with the universal preoccupation of the united states to address those issues, within the framework of the dialogue that we have established with russia. it is one issue we continue to discuss and we think it is quite important for russia's own future to continue to offe
we have a vigorous dialogue with china. there are many positive steps that china has taken to implement those things. there are issues we continue to work out together, as we try to resolve some of these ambiguities around particular transactions or activity. we have seen a clear indication on china's behalf that they take this seriously and understand the importance of standing -- sending a vigorous signal to north korea about nuclear recession. we continue the dialogue. >> the gentleman...
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Jan 6, 2010
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china has surprises and a positive way by its rapid growth in 2009. -- china has surprised us in a positive way. the question i have is whether for 2010 we will not see problems emerging for the global economy from the chinese situation. i am referring to much of the stimulus package going to build up additional excess capacity which will come on stream at a time that europe and the u.s. will have high unemployment levels. that may not be a positive development for the world economy. you will see a heightened protectionist measures. you already have them now. if china will provide additional supply, that will make life difficult for the u.s. and europe. >> my final panelist on this question, what is the explanation for the difference between the large, emerging economies and what lies ahead? >> let me talk first about similarities and then talk about differences. on similarities, if you look at growth rates in advanced economies for 2007 they were somewhere around 3%. in to does a 9 there were - 3%. that is a 6% difference. -- in 2009 they were - 3%. i would much rather have 2% growth they
china has surprises and a positive way by its rapid growth in 2009. -- china has surprised us in a positive way. the question i have is whether for 2010 we will not see problems emerging for the global economy from the chinese situation. i am referring to much of the stimulus package going to build up additional excess capacity which will come on stream at a time that europe and the u.s. will have high unemployment levels. that may not be a positive development for the world economy. you will...
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Jan 8, 2010
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the emergence of china. and what does that mean? and the economic -- i pay attention to the economic engines, china, india, europe. us, brazil. and what does that mean for the future? i think in the long run it will be the engines that drive outcomes. so this is important that we pay a lot of attention to with a what is going on in other parts of the world. we stood up. last. a year and a half ago now. in -- for the sole purpose is being able to focus engagement strategy from the military perspective of africa. a wond full continent of great resources. wonderful people. and huge challenges. whether familiar end. disease. and i think that the world will need to be engaged there. so, and then as i look to the rest of the world, i also try to keep my head up. i look to what is the united states military look like after the two wars. and i always worry about fighting the last war. and for where we are going you know. these will be the last wars. and how much of this is relevant for the future? and what kind of a training equipment, peop
the emergence of china. and what does that mean? and the economic -- i pay attention to the economic engines, china, india, europe. us, brazil. and what does that mean for the future? i think in the long run it will be the engines that drive outcomes. so this is important that we pay a lot of attention to with a what is going on in other parts of the world. we stood up. last. a year and a half ago now. in -- for the sole purpose is being able to focus engagement strategy from the military...
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Jan 8, 2010
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we obviously owe china something for that. and here's an easy way, a politically palatable way for us to address this question and, therefore, to improve our relationship with china. so japan did really -- not a 180 but, you know, like a 130 and began to move toward an agreement -- a joint effort with china since 1997, japan has piled millions and millions of dollars in this effort. things haven't gone as swimmingly as it was predicted. it's a very difficult thing to do. there's never been an effort on this scale before. the chinese government is somewhat difficult to deal with when you're moving large machinery into their country. and there's also been corruption on the japanese side. nevertheless, the political will behind this effort has been -- has been quite striking but the point is that the political will came about not because there was a moral obligation or because the legal groundwork changed but simply because the political environment changed. and there's also an interesting parallel, not nearly of the same size re
we obviously owe china something for that. and here's an easy way, a politically palatable way for us to address this question and, therefore, to improve our relationship with china. so japan did really -- not a 180 but, you know, like a 130 and began to move toward an agreement -- a joint effort with china since 1997, japan has piled millions and millions of dollars in this effort. things haven't gone as swimmingly as it was predicted. it's a very difficult thing to do. there's never been an...
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Jan 14, 2010
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of concern the most, reconciling china's declared desire tore a peaceful and stable environment for economic development with a
of concern the most, reconciling china's declared desire tore a peaceful and stable environment for economic development with a
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Jan 7, 2010
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no doubt china will become an economic rival. it already is, soon be the second-largest economy in the world, soon to surpass japan. it will not come close to the u.s. at least in the short term. the economic engine in china, all indications are you will see continued growth, in parts by innovation and not just manufacturing. without a doubt economically there will be tension, there will be a race for resources around the world and you started to see chinese companies try to acquire access to resources, try to acquire foreign companies with access to mines and particular resources of interest. there are going to be rivalries. the key question for me is at what point do we see a maturation of chinese foreign policy? where they are less insular about threats to their own power in asia and more of a responsible actor dealing with these very important transnational threat. i will give you one example. in the run-up to the beijing olympics the chinese were worried about terrorist attacks on the olympics that would disrupt the games an
no doubt china will become an economic rival. it already is, soon be the second-largest economy in the world, soon to surpass japan. it will not come close to the u.s. at least in the short term. the economic engine in china, all indications are you will see continued growth, in parts by innovation and not just manufacturing. without a doubt economically there will be tension, there will be a race for resources around the world and you started to see chinese companies try to acquire access to...
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Jan 16, 2010
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taking google and china, they just announced that they are threatening to pull out of china completely. it is because a month ago, the chinese military government packed into google accounts of democratic activists. google said it was unacceptable. what is most interesting to me is that here you have a superpower, a huge country, actually working directly with a company. this is not through the u.s. government or anything like that. china did not come out saying, whatever, you can leave a. it did not have a response for a day. then they were like, anyone that wants to work here has to abide by our rules. it did not come back in a competitive way. you see this company acting on behalf of the users to protect them. i think that'll be the way going forward. it is not a perfect system. when it does become destructive or manipulate the users in the way they do not want, you will see the company's force it. @@@@@@@ @ @ @ @ @ @ @ @ @ @ @ @ >> there's an article about this story and the state department was quoted. you know your site has some weight if google says we won't be in china and the
taking google and china, they just announced that they are threatening to pull out of china completely. it is because a month ago, the chinese military government packed into google accounts of democratic activists. google said it was unacceptable. what is most interesting to me is that here you have a superpower, a huge country, actually working directly with a company. this is not through the u.s. government or anything like that. china did not come out saying, whatever, you can leave a. it...
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Jan 18, 2010
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but moving to china was the only way he could make money. i am behind google if they pull out of china just to make a statement. they are a communist country, they are known for piracy, and i think it is high time that companies not tolerate that totalitarianism even over the american companies. host: any final thoughts? guest: i think in the coming weeks we will see the issue played out more. i am not sure we will learn a lot more about what happened to google or the other companies but i think we will see the chinese response or take some action either to block google.cn completely or restrict the search terms in other ways and then we will probably see the state department respond with a strategy that is really going to give, hopefully, people living in these kinds of regimes, access to a free and unfettered internet. host: robert knake from the council on foreign relations, thank you. that will do it from -- for this morning's " washington journal." back tomorrow morning at 7:00 a.m. eastern. enjoy the rest of this martin luther king hol
but moving to china was the only way he could make money. i am behind google if they pull out of china just to make a statement. they are a communist country, they are known for piracy, and i think it is high time that companies not tolerate that totalitarianism even over the american companies. host: any final thoughts? guest: i think in the coming weeks we will see the issue played out more. i am not sure we will learn a lot more about what happened to google or the other companies but i...
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Jan 29, 2010
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china has its approach. they feel strongly that they are much more open than perhaps they are getting credit for. i expressed my concern that we do not want to create a series of actions that in any way it impinges on the freedom and utility of the internet but it was a very open, candid conversation. we agreed we will continue to discuss this matter in the context of our ongoing dialogue. as you can tell from the approach you referred to, a bit different people have differing responses or impressions. the overall issue is one that i think everyone should be concerned about and that is making sure that no one uses the internet for purposes of censorship or repression. we had a very positive exchange on this issue with the chinese today. you have been very patient so let me end. let me end by asking these four women from afghanistan to stand up. would you stand up? they are among the women who have been working in afghanistan for the last years on behalf of expend opportunities for women and protecting human
china has its approach. they feel strongly that they are much more open than perhaps they are getting credit for. i expressed my concern that we do not want to create a series of actions that in any way it impinges on the freedom and utility of the internet but it was a very open, candid conversation. we agreed we will continue to discuss this matter in the context of our ongoing dialogue. as you can tell from the approach you referred to, a bit different people have differing responses or...
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Jan 1, 2010
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third is the pottery barn china shop argument. you invade it, own it, and it'll be difficult to hold together these are the key planks of their argument. my time is up. this one looked best in hindsight. that said, it is very different in many arguments you hear now. it is -- nonetheless, it is relatively well in hine said. it is in some ways of these connected to the scholars on the theory. they disconnected themselves. they are not amazing it will have you believe it after the fact. it seems to be a constant issue that i have commented disconnect between general theory and explanation for your. i would say the implication [unintelligible] i think there have been many calls for humility. my paper would add weight to that. i think we can do better. i think we can actually provide our policy makers and colleagues with butter in said. it will evolve. that is the hardest of a scholar has to do >> thank you for this crow commons. thanks to those papers. we have a bit less than one hour. i feared we would have a lot less than one hour.
third is the pottery barn china shop argument. you invade it, own it, and it'll be difficult to hold together these are the key planks of their argument. my time is up. this one looked best in hindsight. that said, it is very different in many arguments you hear now. it is -- nonetheless, it is relatively well in hine said. it is in some ways of these connected to the scholars on the theory. they disconnected themselves. they are not amazing it will have you believe it after the fact. it seems...
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Jan 7, 2010
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new countries are emerging as important contributors to global development, including china, brazil, and india -- nations with the opportunity to play a key role, and with the responsibility to support sustainable solutions. long time leaders like norway, sweden, denmark, the netherlands, the u.k., japan, and others continue to reach billions through their longstanding work in dozens of countries. multilateral organizations like the world bank, the imf, the undp, the global fund to fight aids, tuberculosis, and malaria have the reach and resources to do what countries working alone cannot, along with valuable expertise in infrastructure, health, and finance initiatives. nonprofits like the gates foundation, care, the clinton foundation, oxfam international, networks of ngos like interaction, as well as smaller organizations like a sea on -- accion and transparency international bring their own resources, deep knowledge, and commitment to humanitarian missions that complement our work in critical ways. some foundations are combining philanthropy and capitalism in a very innovative app
new countries are emerging as important contributors to global development, including china, brazil, and india -- nations with the opportunity to play a key role, and with the responsibility to support sustainable solutions. long time leaders like norway, sweden, denmark, the netherlands, the u.k., japan, and others continue to reach billions through their longstanding work in dozens of countries. multilateral organizations like the world bank, the imf, the undp, the global fund to fight aids,...
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Jan 13, 2010
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and the house armed services committee focuses on china's military. witnesses include representatives from the departments of december and state and the head of the u.s. pacific command. that's live on c-span 3 at 10:00 eastern. the future of mortgage finance companies fannie mae and freddie mac was the focus of a discussion yesterday hosted by consumer advocate ralph nader. both fannie mae and freddie mac were placed under federal conservatorship in 2008 in the wake of the housing downturn. speakers during this hour and a half portion include an advocate for privatizing the companies as well as a supporter for a complete government takeover. [applause] >> our next speaker that i want to invite to the podium is peter wallace, a resident portfolio at the american enterprise institute. the author of numerous books. the former general council at the treasury department during the first reagan administration term. and now he is the co-director of a program in the financial market regulation. peter? >> someone asked me this morning, well, you're going to b
and the house armed services committee focuses on china's military. witnesses include representatives from the departments of december and state and the head of the u.s. pacific command. that's live on c-span 3 at 10:00 eastern. the future of mortgage finance companies fannie mae and freddie mac was the focus of a discussion yesterday hosted by consumer advocate ralph nader. both fannie mae and freddie mac were placed under federal conservatorship in 2008 in the wake of the housing downturn....
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Jan 2, 2010
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just to put it in perspective, is spreading in 10 times as much in real terms -- china is putting in 10 times as much general terms. it could crowd out private investment or if there will be a cliff in a year and have, what comes next when the green stimulus runs out, do you still have a windmill that is still not quite economic? there are difficult challenges that the history of energy subsidies and energy investment says that you need to workout. but there's no question that this kind of investment is a huge part of infrastructure. according to the national energy agency, because of the collapse of the credit markets, investment in renewable energy dropped 20% this year. it would have been a 30% drop had governments not in stilled stimulus packages. >> those were counterproductive to the discussion of climate. the plans had to be completed and in the drawer. you have a two-year window to roll them out. houston, one of the great examples in the world of failed urban policy, they used to their stimulus money to start construction of a third ring road around houston to open up more sq
just to put it in perspective, is spreading in 10 times as much in real terms -- china is putting in 10 times as much general terms. it could crowd out private investment or if there will be a cliff in a year and have, what comes next when the green stimulus runs out, do you still have a windmill that is still not quite economic? there are difficult challenges that the history of energy subsidies and energy investment says that you need to workout. but there's no question that this kind of...
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Jan 22, 2010
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corporations whose main financial interests and majority profits come from investments in china and where their profit margens are attached not to how well americans or american citizens are doing, but how other ins other countries are doing and having them spend money in our elections here to influence and benefit their profits against the interests of american citizens. this is a scanned louse decision. this is a decision that -- for the purposes of expending moneys in elections says that corporations equal individuals. i think it's an un-american decision and when american people understand what this radical decision has meant, they will be even more furious and concerned about special interest influence in politics than they are today. so i look forward to working with senator schumer to explore every option to make sure that they do not turn back the clock on decades of precedence that was designed to prevent big corporation special interests from corrupting the political process. >> just one other point. so much for the justice roberts view of modesty following precedent. he turned
corporations whose main financial interests and majority profits come from investments in china and where their profit margens are attached not to how well americans or american citizens are doing, but how other ins other countries are doing and having them spend money in our elections here to influence and benefit their profits against the interests of american citizens. this is a scanned louse decision. this is a decision that -- for the purposes of expending moneys in elections says that...
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Jan 19, 2010
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from china so and of course when you take the basic figures it doesn't match. so, we already had this kind of process. but not globally. on the ballot as what you tell us is not consistent or what we know from another one and in the guice is go to hell i don't care. and so it wasn't that easy to make it consistent. now, if it works we have a process where everybody agrees to work together so the inconsistency will be on the table and then we need really to address this. so the four test system itself may improve orloff in the coming years hopefully. >> next question is from [inaudible] thank you. a great tragedy ahead, question mark. statute's prevent them from bailing out greece. we dismissed yesterday the idea excluding an ember from the year o'clock. the questio what should prevent us from believing greece is drifting away, argentina style, what are the risks of spinning out to portugal, spain etc? >> i think the situation of greece is fairly different from the other argentinian example for instance. it is more difficult and on safe it's more difficult becau
from china so and of course when you take the basic figures it doesn't match. so, we already had this kind of process. but not globally. on the ballot as what you tell us is not consistent or what we know from another one and in the guice is go to hell i don't care. and so it wasn't that easy to make it consistent. now, if it works we have a process where everybody agrees to work together so the inconsistency will be on the table and then we need really to address this. so the four test system...
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Jan 7, 2010
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you can read all of these things about china been the threat to us but the chinese had a -- of about -- gdp of about one-tenth of hours. they may eventually grow but we are a big country involved in the world. we have exchange rates, we have to control inflation. it has to be somebody who monitors inflation. moving the regulation for one place to another is not going to make very much difference. what we need to do is put on rules that restrict the independent action that they can take and make the people who take the losses, as i said several times, make them responsible for taking the losses. then we have a sound financial system. host: what is monetary policy? guest: monetary policy is a decision to control interest rates and money growth. host: how does it work? guest: the federal reserve at its meeting, open market committee, decides to set an interest rate and at that interest rate it is willing to lend as much as the market wants. if the market wants to much, it is supposed to raise the interest rate to cut back on the growth of money. host: what is inflation, deflation, and w
you can read all of these things about china been the threat to us but the chinese had a -- of about -- gdp of about one-tenth of hours. they may eventually grow but we are a big country involved in the world. we have exchange rates, we have to control inflation. it has to be somebody who monitors inflation. moving the regulation for one place to another is not going to make very much difference. what we need to do is put on rules that restrict the independent action that they can take and make...
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Jan 27, 2010
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in ohio because i have never met -- i have never met an ohioan who thinks we should put in a call to china and ask them if they want more american jobs. because we know there is no product that wouldn't benefit from having made in ohio stamped on it. [applause] >> but ohio business leaders have told me time and again that lack of access to capital impedes them from competing and expanding. our businesses are operating with one hand tied behind their backs because when wall street ran amok and damaged the american economy, it created a credit crunch for even the most fiscally sound companies. in particular, we have many small manufacturers in ohio who cannot afford to expand their companies and call back laid off workers, even as orders increase, because they lack capital. if they miss this window to expand and innovate, it could cost ohioans jobs for a generation. quite frankly, i'm convinced that this is the single greatest factor inhibiting economic recovery. so we're going to do something about it. today, i'm pleased to announce that lieutenant governor fisher and ohio treasurer kevin b
in ohio because i have never met -- i have never met an ohioan who thinks we should put in a call to china and ask them if they want more american jobs. because we know there is no product that wouldn't benefit from having made in ohio stamped on it. [applause] >> but ohio business leaders have told me time and again that lack of access to capital impedes them from competing and expanding. our businesses are operating with one hand tied behind their backs because when wall street ran amok...
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Jan 27, 2010
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by the factor of two sales in the united states but the tact that we are selling so many buicks in china relative to where we're selling them here is good news. we need grow that competition. grow that ability to have access to markets and when we do, we will compete but i think that those trade agreements of which we spoke are in fact, a component of our continuing to raise our confidence, understand that we can compete but understand that we need a fair, level playing field to do so. >> what is the democratic caucus' plan for dealing with the expireation of the bush era tax cuts? >> the president and democratic caucus have indicated that we are strongly committed to the middle class working families not getting a tax increase and our plan would be to sustain that present level. in fact, as i said earlier in the recovery act, we gave 95% of working americans a tax cut. in the debate that is now going on in the senate are reference to the statute we passed in the house, we allowed from a scoring standpoint, middle class tax cuts to be considered baseline. what that simply means in englis
by the factor of two sales in the united states but the tact that we are selling so many buicks in china relative to where we're selling them here is good news. we need grow that competition. grow that ability to have access to markets and when we do, we will compete but i think that those trade agreements of which we spoke are in fact, a component of our continuing to raise our confidence, understand that we can compete but understand that we need a fair, level playing field to do so. >>...
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Jan 4, 2010
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i do not agree with china, but the bankers over there, i believe that they shot five of @ @ @ Å7 . caller: look at what happened with that muslim on the airplane. who did the work to catch him? not someone from the government. the government does not make any money and believe me -- i was born in 1930. i know what it is to pinch. that is why i can live today. my husband died eight years ago. i am still in the house that i was when we got married. i learned a lot from my in-laws. the last regulation, the better. -- be less regulation, the better. my mother was born -- the less regulation, the better. limy mother was born in 1898 and she thought that roosevelt was a god. but i voted for goldwater. host: he came there during the 1964 campaign? caller: yes, yes, yes he did. he came to pittsfield. reagan came to pittsfield. he came to the fire station. he is another man that told it like it was. people are afraid. people are afraid of everything. i come from a time when its yield was a tiny town, 1945. my sister married a gi. host: the housing situation there, you are ok with your house
i do not agree with china, but the bankers over there, i believe that they shot five of @ @ @ Å7 . caller: look at what happened with that muslim on the airplane. who did the work to catch him? not someone from the government. the government does not make any money and believe me -- i was born in 1930. i know what it is to pinch. that is why i can live today. my husband died eight years ago. i am still in the house that i was when we got married. i learned a lot from my in-laws. the last...
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Jan 6, 2010
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potential legislation, and it may pop in brazil, it could pop in tokyo, you know, a lot of emphasis on china, you're going to naturally ramp up activities there. and assets. and this gets a little bit into the question that we had earlier. but in terms of -- there's different office models, you know. there's the office model -- you may have -- there are a handful of fortune 50 companies who are very large. they may be 50, 60, $70 billion companies. they may only have one person in town. it really depends on the company. how they're regulated. how exposed they are to various legislation. and whether or not that they decide to have 20 people, 40 people or 1 person in town and how they're structured. particularly if you're a fortune fortune dn unusual to have one or two people in a washington office, and they may be -- and we'll touch on consultants later, they may be sort of supplemented by some d.c. basis but in terms of companies working in the company they may have one or two people. and one day you may be up in the hill lobbying tax and the next day you may be talking education, the depart
potential legislation, and it may pop in brazil, it could pop in tokyo, you know, a lot of emphasis on china, you're going to naturally ramp up activities there. and assets. and this gets a little bit into the question that we had earlier. but in terms of -- there's different office models, you know. there's the office model -- you may have -- there are a handful of fortune 50 companies who are very large. they may be 50, 60, $70 billion companies. they may only have one person in town. it...
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Jan 28, 2010
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meanwhile china's not waiting to revamp its economy, germany's not waiting, india's not waiting. these nations -- they're not standing still, these nations aren't playing for second place, they're putting more emphasis on math and science, they're rebuilding their infrastructure, they're making serious investments in clean energy because they want those jobs. well, i do not accept second place for the united states of america. the president: as hard as it may be, as uncomfortable and contentious as the debates may become, it's time to get serious about fixing the problems that are hampering our growth. now one place to start is serious financial reform. look, i'm not interested in punishing banks, i'm interested in protecting our economy. a strong, healthy financial market makes it possible for businesses to act -- access credit and create new jobs, it channels the savings of families with investments that raise incomes. but that can only happen if we guard against the same recklessness that nearly brought down our entire economy. we need to make sure consumers and middle class f
meanwhile china's not waiting to revamp its economy, germany's not waiting, india's not waiting. these nations -- they're not standing still, these nations aren't playing for second place, they're putting more emphasis on math and science, they're rebuilding their infrastructure, they're making serious investments in clean energy because they want those jobs. well, i do not accept second place for the united states of america. the president: as hard as it may be, as uncomfortable and...
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Jan 20, 2010
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one of the things that is happening in china, singapore, india, which has a very detailed program to recruit back their sons and daughters who are coming to the u.s. to build at home. many of those who come abroad and reggie can speak to this, tend to be entrepreneurs by nature. you have to take a big leap into the unknown and when you get here, you have to navigate in a world you're not accustomed to. you tend to be entrepreneurs so it is not surprising that many of the entrepreneurs in technology turn out to be the registeries of the day. so it is immigration. it is indeed the government, the administration investing in the small companies and something you said, carl, which i think is extremely important, the economy is about firms. and so if you want to solve a problem, you have to go to the source where you can solve it and where the solutions will be made. and so the investment in small companies that are transfering ideas, whether they be service ideas or private ideas into commercial entities which create jobs, which speak to needs people have, that is the way to stimulate th
one of the things that is happening in china, singapore, india, which has a very detailed program to recruit back their sons and daughters who are coming to the u.s. to build at home. many of those who come abroad and reggie can speak to this, tend to be entrepreneurs by nature. you have to take a big leap into the unknown and when you get here, you have to navigate in a world you're not accustomed to. you tend to be entrepreneurs so it is not surprising that many of the entrepreneurs in...
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Jan 8, 2010
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last year, i was in russia, i was in china twice, i was in the gulf three times, the european s every, you know, all the time. this is just trips of mine. we have ongoing detailed bilateral relationships with bilateral relationships with turkey, uae, president obama raise this with hu ching tao on his trip. we now meet regularly with the embassies here that are involved. one of my two deputies, dan feldman, runs that effort. i'm sure many of you in this room know dan feldman well and the egyptians, we've had long bilaterals with the egyptians, both in cairo and here, so there is an advanced effort. you say diplomatic, and i want to clarify the word here. there are two different things going on. there's coordination of assistance, and there's dmoam single payer. -- diplomacy. the coordination of assistance is it where we started. diplomacy requires establishing a common base point in terms of strategic objectives, and then in terms of action, and it's very complicated, because while everybody wants strategic stability, each country has its own point of view, vis-a-vis its neighbors, so
last year, i was in russia, i was in china twice, i was in the gulf three times, the european s every, you know, all the time. this is just trips of mine. we have ongoing detailed bilateral relationships with bilateral relationships with turkey, uae, president obama raise this with hu ching tao on his trip. we now meet regularly with the embassies here that are involved. one of my two deputies, dan feldman, runs that effort. i'm sure many of you in this room know dan feldman well and the...
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Jan 21, 2010
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have a nashe secret approach, if we think these things are, we will still be spending more on aid to china than we are to the human. if we are really thinking about national security. finally, the prime minister spoke about antiterrorist legislation. we will always support measures that provide the hard-nosed defense liberty and we will oppose measures that amount to anything or authoritarianism. with that in mind, will he now admits that the attempt to introduce 42 detention without i was a politicalpolitically motivated mistake? >> mr. speaker, i would hope in his response we would find more consensus that we appear to have discovered on this. first of all, can i advise him not to draw to quick conclusions. we do not have the full information that he suggest we have about the radicalization and the united kingdom. and we do not have also all the information about his activities in human. that is part of the continuing investigation that is going on. and to draw conclusions immediately i think is both premature and dangerous. it is the case that we've excluded more than 180 people from ou
have a nashe secret approach, if we think these things are, we will still be spending more on aid to china than we are to the human. if we are really thinking about national security. finally, the prime minister spoke about antiterrorist legislation. we will always support measures that provide the hard-nosed defense liberty and we will oppose measures that amount to anything or authoritarianism. with that in mind, will he now admits that the attempt to introduce 42 detention without i was a...
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Jan 22, 2010
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i mean, i did see a movie just recently coming back from china -- there was a movie on the plane, mr. chairman. the movie was "the traitor." i don't know if anybody have seen that movie. it's about terrorists and how they were going to set bombs in america. i just hope we are anticipating all the various processes -- one time it was a shoot. -- a should you. and this time it was underpants. please disclose this for the record in our closed hearing. ... the offense, as you said, director blair, but we have to be on the offense in this regard. and i am sure that you are but i've just want to reemphasize that, because i can say for the record, i think about the small towns across america. i was a terrorist, i would not go after chicago or new york. you know where i would go? i would go to my home town of some trolly up, ill. centraliz -- centralia, illinois. is there a comment? >> >> one of the criticisms that we have talked about amongst ourselves is being reenacted as opposed to proactive all the time. of course you have to react and fix what went wrong. once you identify the problem y
i mean, i did see a movie just recently coming back from china -- there was a movie on the plane, mr. chairman. the movie was "the traitor." i don't know if anybody have seen that movie. it's about terrorists and how they were going to set bombs in america. i just hope we are anticipating all the various processes -- one time it was a shoot. -- a should you. and this time it was underpants. please disclose this for the record in our closed hearing. ... the offense, as you said,...
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Jan 12, 2010
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they spent 9% of their gdp on stimulus and they spent all of its in china. we spend a little bit over 2% of our gdp and we spent some of it in the united states. most of it went out or most of it, but some of it went out. for instance, windmills. if you buy a windmill a broad, 62 cents out of every dollar is used to stimulate somebody else's economy rather than our economy. so, we create jobs, that creates demand. the man then fuels the economy. then i want to come back to something i said in a speech. what we have had for the last 30 years is a low wage, high consumption economy and to bridge that contradiction we borrowed. we now know that that is a system that cannot long endure. so what will be the new engine that fuels the economy? more debt to get distributed a little more fairly so that everybody can then demand something because one person, a millionaire with say $100, one person with $100 creates double less demand than 100 people of with 1 dollar. what we have to do is make sure then the wealth gets spread out a little more so we can build this eco
they spent 9% of their gdp on stimulus and they spent all of its in china. we spend a little bit over 2% of our gdp and we spent some of it in the united states. most of it went out or most of it, but some of it went out. for instance, windmills. if you buy a windmill a broad, 62 cents out of every dollar is used to stimulate somebody else's economy rather than our economy. so, we create jobs, that creates demand. the man then fuels the economy. then i want to come back to something i said in a...
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Jan 7, 2010
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think that china at desires a unified korea? he said they wanted this as much as japan. and do you really think the russians will be standing back, completely? >> i know i could count on you. i said from the beginning that the chinese and japanese are against unification. >> why are the japanese? >> the chinese would lose more, and they would feel more a immediately threatened than the japanese. and i think that the russians -- vladimir putin was helping with a couple of summits, but the russians are bankrupt and there is no interest in north korea. they do not want to take the risks. i think the pipelines are imaginary unless somebody else will pay for this. the russians do not have the money to put up, and they have very little presence right now and in the foreseeable future. for the financial contribution -- this will be in significant. >> thank you. it is going to make many people feel older, but the summit has been tenures in the past, and the sunshine policy and the successor are almost one decade old. much of the money a
think that china at desires a unified korea? he said they wanted this as much as japan. and do you really think the russians will be standing back, completely? >> i know i could count on you. i said from the beginning that the chinese and japanese are against unification. >> why are the japanese? >> the chinese would lose more, and they would feel more a immediately threatened than the japanese. and i think that the russians -- vladimir putin was helping with a couple of...
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Jan 29, 2010
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china once those jobs, germany once those jobs. they are going after them hard making the investments required. we are not going to stop fighting to give every american a fair shake. dawfur's valley signed into law was making sure that there was equal pay for equal work for women. ely ledbetter at, because-- [applause] i think you should be paid the same for doing the same work. >>> the hearing will come to order. first we want to welcome the cbo director here to the budget committee to report on the latest cbo estimates. and before we begin that, i want to publicly thank director elmendorf for the really extraordinary effort he and the people at the cbo have made over the last year with an unprecedented workload. and i mean truly unprecedented. i know firsthand that he and his people have worked nights, weekends, repeatedly, repeatedly, repeatedly -- under extraordinary time pressures and with real complexity. and i must say, even though there have been times i've disagreed with director elmendorf's views, sometimes strenuously, i
china once those jobs, germany once those jobs. they are going after them hard making the investments required. we are not going to stop fighting to give every american a fair shake. dawfur's valley signed into law was making sure that there was equal pay for equal work for women. ely ledbetter at, because-- [applause] i think you should be paid the same for doing the same work. >>> the hearing will come to order. first we want to welcome the cbo director here to the budget committee...